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bajaj steel industries ltd (BJST) Details

Bajaj Steel Industries Limited manufactures and sells cotton ginning and pressing machinery, accessories, and spare parts in India and internationally. The company also manufactures delinting and decorticating machinery; components and machine parts for use in cotton ginning, automotive industry, hydraulic presses, ordinance factory, and other applications; electrical panels and accessories for various industrial needs; and structural fabrications for buildings and machinery applications, etc. In addition, it manufactures machineries, components, and parts as per drawings; mechanical conveyors and elevators; pneumatic conveying, dust/waste handling systems, and humidification systems; and hydraulic cylinders, power packs, and manifolds for various applications, as well as undertakes engineering and construction projects. Further, the company is involved in the trading of cotton. Bajaj Steel Industries Limited was founded in 1961 and is headquartered in Nagpur, India.

bajaj steel industries ltd (BJST) Key Developments

Bajaj Steel Industries Ltd. announced that the Board of Directors of the company at its meeting held on February 12, 2015 appointed Dr. Panna Akhani as an Additional Director (Independent Woman Director) of the company with effect from February 12, 2015.

Bajaj Steel Industries Ltd., Board Meeting, Feb 12, 2015

Feb 3 15

Bajaj Steel Industries Ltd., Board Meeting, Feb 12, 2015. Agenda: To consider quarterly results; and to consider the appointment of Dr. Panna Akhani as an Additional Director (Independent Woman Director) of the company with effect from February 12, 2015.

Bajaj Steel Industries Ltd. Reports Unaudited Standalone Earnings Results for the Second Quarter and Six Months Ended September 30, 2014

Nov 12 14

Bajaj Steel Industries Ltd. reported unaudited standalone earnings results for the second quarter and six months ended September 30, 2014. For the quarter, the company reported net sales (net of excise duty) of INR 1,008.319 million against INR 1,190.911 million a year ago. Profit from operations before other income, finance cost and exceptional items was INR 96.454 million against INR 139.154 million a year ago. Profit from ordinary activities before tax was INR 80.805 million against INR 126.550 million a year ago. Net profit was INR 67.450 million or INR 28.70 per basic and diluted share before and after extra ordinary items against INR 93.373 million or INR 39.73 per basic and diluted share before and after extra ordinary items a year ago.
For the six months, the company reported net sales (net of excise of duty) of INR 1,583.995 million against INR 1,664.993 million a year ago. Profit from operations before other income, finance cost and exceptional items was INR 65.689 million against INR 122.957 million a year ago. Profit from ordinary activities before tax was INR 41.160 million against INR 102.254 million a year ago. Net profit was INR 27.806 million or INR 11.83 per basic and diluted share before and after extra ordinary items against INR 69.078 million or INR 29.39 per basic and diluted share before and after extra ordinary items a year ago.

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